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Bonterra Resources Inc.
Summary
| Project: | Gladiator | |
|---|---|---|
| Deposit: | Barry | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-3-2019: Bonterra Resources Inc. announces an Exploration/Drilling Update report for its Barry deposit at the Gladiator project. Drilling results incl. 1.3m @ 157.6g/t Au from 231.1m. These results are from Bonterra's diamond drilling campaign undertaken | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]:Pascal Hamelin (Internal) | |
| ABSTRACT: | These results are from Bonterra's diamond drilling campaign undertaken on the Barry Deposit during Q4 2018 and Q1 2019. The program consisted of 25 subhorizontal drill holes totaling 7,548 metres. This campaign was successful in confirming the multiple gold zones utilizing 20- to 30-metre drill spacings, mainly on Level 100 (see attached figure). Most of the drill holes intersected gold mineralization where it was anticipated based on our current models. Greg Gibson, Interim CEO, states: "We are extremely pleased with our recent underground drilling campaign at Barry which has proven to be a large success, attesting to the robust continuity and grade of the deposit. This new drilling data on the Barry deposit will be included in the upcoming property- wide resource estimate." The definition drilling campaign validates the location and grade of the gold-bearing zones at Barry and will allow for the planning of a proposed bulk sample in the upcoming months. The company also intends to increase the size of the Barry deposit by drill-testing multiple mineralized shears and tensional veins that remain open at depth along strike and down-dip. The gold mineralization at the Barry project is structurally controlled and is hosted in a sheared basalt containing quartz-carbonate-albite veins with pyrite. Bonterra has identified five main sub-vertical and sub-parallel shear zones and approximately ten secondary more shallow-dipping tension veins. These structures are open in all directions. | |
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